SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: J.T. who wrote (11507)4/8/2002 8:55:29 AM
From: robert b furman  Read Replies (1) of 19219
 
Hi JT,

The logic goes with a weaker dollar exports become more expensive.

However in a market with LARGE excess capacity - I don't see where pricing is afforded to anybody.

Best example is Micron.You don't hear about the strong dollar helping Hynex make a profit.Their (Micron's) efficient manufacturing took Hynex to bankruptcy.In 98 the Asian Contagion taught foreign governments that subsidy is an expensive road to go down for "employment's sake".With a weaker dollar - Micron's profits will go up - I don't think prices would automatically go up - unlees of course if they reduced capacity.This price change would be more capacity related than Dollar related.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext